Sabiedrība ar ierobežotu atbildību "Forstward"Active

40203259168Limited liability companyFounded 2020

Key figures

514 583 €+53,6%
Revenue 2025
+78,6%
Average annual growth 2021–2025
0200 k400 k600 k20212022202320242025

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
0100 k200 k20212022202320242025

Dividends

calculated
2025

Paid out in dividends approximately 10 000 € (10% of equity at the end of the previous year).

Low confidence: the company does not file a cash flow statement, so the amount is an estimate from changes in equity — it may also include other reductions of equity (e.g. a share capital reduction).

History
2025 ~10 000 €
20240 €
20230 €
20220 €
Summary of financial statements2021–2025
20212022202320242025
Balance sheet — assets
Total current assets6258884368 958100 540147 536
Total non-current assets660212518 29727 57728 246
Total assets691810 96887 255128 117175 782
Balance sheet — liabilities and equity
Current liabilities1963342411 08713 9338429
Non-current liabilities00016 00210 645
Total liabilities1963342411 08729 93519 074
Share capital—————
Retained earnings of previous periods—————
Profit for the year1555258968 62422 01468 526
Total equity4955754476 16898 182156 708
Income statement
Sales revenue50 59454 655292 757335 006514 583
Operating profit1555258968 62422 29671 026
Profit before income tax1555258968 62422 01471 026
Profit for the reporting year1555258968 62422 01468 526
Labour costs—————
Depreciation of non-current assets—————
Other indicators
Employees21111
Calculated dividend—00010 000

A dash (—) means the report has not been filed or the line is not reported; 0 is a zero stated in the report.

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100%Sabiedrība ar ierobež…1Auziņš Armands
CompanyPersonShareholderOther roleAdditional link

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Shared members or board members

Summary: Sabiedrība ar ierobežotu atbildību "Forstward"

Overview

Sabiedrība ar ierobežotu atbildību "Forstward" (reg. no. 40203259168) is a limited liability company. The company was registered in 2020 and has been in the register for 6 years. Registered address: Ogres nov., Ogre, Ausekļa prospekts 9 - 33.

Financial results

Revenue in 2025 was 514 583 €, up 53,6% on the previous year (335 006 €). From 2021 to 2025, revenue grew by an average of 78,6% per year. This is the company's highest revenue among the published years (2021–2025). Net profit for 2025 was 68 526 € (13,3% of revenue). The company was profitable in all 5 published years. In 2025 the company had 1 employees. Revenue per employee was 514 583 €. At the end of 2025, total assets were 175 782 € and equity 156 708 € (89,1% of assets).

Management and owners

The company has one board member. The sole owner of the company is a private individual.

Data sources and freshness

Register data (name, address, legal form, board and owners) and annual report figures come from the open data of the Register of Enterprises of the Republic of Latvia (CC0); entity.lv updates them daily. Data as of 03.11.2026. Changes, averages and ratios are calculated by entity.lv from open data and are not an official assessment.